China's economy shines as post-COVID recovery gathers pace

Beijing has wasted no time in reintroducing restrictions on borrowing

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20210218 Beijing skyline.jpg

The skyline of the central business district in Beijing: China emerged from the COVID pandemic relatively unscathed. © VCG/Getty Images

Dr. Henny Sender is a managing director at BlackRock in Hong Kong, and a senior advisor to the BlackRock Investment Institute.

By mid-January last year, just as many Chinese were completing travel plans in preparation for the Lunar New Year's holidays, rumors about a mysterious new disease in the central Chinese city of Wuhan began circulating online.

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